Democrats Overtake Republicans on Economy in Reuters/Ipsos Poll as Trump’s Approval Rating Slips
For the first time in nearly a decade, American voters have given Democrats a slight edge over Republicans on handling the U.S. economy, according to a new Reuters/Ipsos poll released on August 3. The survey also found that President Donald Trump's…
Read MoreUS Economy Slows to 1.5% Growth in Q2 as June Core Inflation Holds at 3.3%
The US economy grew at an annualized rate of 1.5% in the second quarter, falling short of economists’ expectations, while June core inflation remained well above the Federal Reserve’s 2% target, according to economic data released Thursday.
Read MoreFed Holds Interest Rates Steady as Warsh’s Inflation Message Leaves Markets Uncertain
The U.S. Federal Reserve kept its benchmark interest rate unchanged at 3.50%-3.75% on Wednesday, July 29, as a divided policy committee weighed persistent inflation pressures against a steady labour market. Fed Chair Kevin Warsh reiterated the central…
Read More